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Non-Tech : Claire's Stores (CLE) NYSE

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To: Joan Osland Graffius who wrote (192)1/20/1997 11:47:00 AM
From: Chris Chandler   of 619
 
Joan,

I have two daughters in middle school, ages 11 and 13. Claires is where they and their friends go to shop whenever they get the chance to go to the mall. We live about 18 miles from the nearest mall and one or another group of their friends is there every weekend spending money, and some of those girls spend a lot of money of stay up with fashion. My daughters are thinking about closing their DRIP account in Wendy's and moving everything into Claires. Since they're in the age range targeted by Claires, they'll have a reasonably good idea when/if Claires isn't keeping up with what the girls are looking for. I think it'll be a good long term hold for them.

Chris
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